Hexagon Composites ASA (HXGCF)

Hexagon Composites ASA Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	129.54	302.3	154.35	704.26	591.27	1,641
Cash & Short-Term Investments	129.54	302.3	154.35	704.26	591.27	1,641
Cash Growth	-61.42%	95.85%	-78.08%	19.11%	-63.97%	869.12%
Accounts Receivable	469.77	742.86	551.36	874.89	884.56	451.27
Other Receivables	-	0.03	36.63	6.96	32.52	18.88
Receivables	469.77	742.89	587.98	881.85	917.08	470.15
Inventory	1,205	1,192	1,110	1,546	1,147	740
Prepaid Expenses	-	57.1	58.33	82.75	118.22	106.91
Restricted Cash	-	-	-	9.28	8.94	8.77
Other Current Assets	84.16	151.21	45.8	99.07	31.71	66.06
Total Current Assets	1,888	2,445	1,957	3,324	2,814	3,033
Property, Plant & Equipment	1,261	1,443	1,314	1,810	1,293	1,014
Long-Term Investments	452.35	1,219	1,251	53.27	7.4	80.9
Goodwill	-	1,338	1,233	1,717	1,573	1,370
Other Intangible Assets	1,722	588.26	552.73	853.76	811.74	664.5
Long-Term Deferred Tax Assets	33.2	33.2	19.01	-	13.68	1.78
Other Long-Term Assets	160.46	10.33	2.27	146.37	2.49	1.09
Total Assets	5,518	7,077	6,428	7,904	6,515	6,165
Accounts Payable	279.36	389.3	384.02	572.57	392.75	290.37
Accrued Expenses	-	294.15	287.84	343.15	320.15	257.02
Short-Term Debt	-	201.5	11.26	-	9.22	-
Current Portion of Long-Term Debt	117	-	1,097	234.67	4.41	-
Current Portion of Leases	56.68	60.52	61.87	70.57	62.46	45.15
Current Income Taxes Payable	0.79	6.15	65.84	53.06	47.2	118.4
Current Unearned Revenue	74.09	164.29	332.66	548.64	277.66	51.67
Other Current Liabilities	231.75	160.8	444.92	177.61	66.75	176.4
Total Current Liabilities	759.67	1,277	2,686	2,000	1,181	938.99
Long-Term Debt	1,443	1,092	-	1,699	1,247	1,206
Long-Term Leases	471.45	541.06	387.26	481.02	230.28	230.56
Long-Term Deferred Tax Liabilities	139.26	163.78	131.02	206.37	247.16	187.36
Other Long-Term Liabilities	288.91	471.03	8.59	45.92	120.79	2.16
Total Liabilities	3,103	3,545	3,214	4,435	3,031	2,569
Common Stock	1,017	21.01	20.16	20.16	20.16	20.16
Additional Paid-In Capital	-	996.23	706.54	2,076	2,174	2,146
Treasury Stock	-	-0.04	-0.14	-0.07	-0.09	-0.19
Comprehensive Income & Other	1,398	2,516	2,487	895.81	911.99	1,018
Total Common Equity	2,415	3,533	3,214	2,992	3,106	3,184
Minority Interest	-	-	-	476.9	378.01	411.9
Shareholders' Equity	2,415	3,533	3,214	3,469	3,484	3,596
Total Liabilities & Equity	5,518	7,077	6,428	7,904	6,515	6,165
Total Debt	2,089	1,895	1,558	2,485	1,554	1,482
Net Cash (Debt)	-1,959	-1,593	-1,403	-1,781	-962.58	159.28
Net Cash Per Share	-9.36	-7.77	-7.00	-8.87	-4.81	0.84
Filing Date Shares Outstanding	221.06	209.67	200.24	200.97	199.85	199.77
Total Common Shares Outstanding	221.06	209.67	200.24	200.97	199.85	199.77
Working Capital	1,128	1,169	-728.73	1,323	1,634	2,094
Book Value Per Share	10.92	16.85	16.05	14.89	15.54	15.94
Tangible Book Value	692.36	1,606	1,428	421.05	721.77	1,150
Tangible Book Value Per Share	3.13	7.66	7.13	2.10	3.61	5.75
Land	-	110.33	123.85	214.45	296.55	189.94
Machinery	-	1,365	1,428	2,084	1,298	1,203
Construction In Progress	-	65.48	342.17	-	234.69	97.02

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.